Nigeria remains World Bank’s third-largest borrower with $18.5bn
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Nigeria remains World Bank’s third-largest borrower with $18.5bn
25 May, 2026
Nigeria has retained its position as the third-largest borrower from the International Development Association (IDA), the concessional lending arm of the World Bank, despite a slight decline in its debt exposure in the first quarter of 2026. According to the IDA’s March 2026 financial statements, Nigeria’s exposure stood at $18.5 billion as of March 31, 2026, down marginally from $18.7 billion recorded at the end of December 2025.................…...READ MORE
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